Economic Insecurity in the Malaysian Context
AbstractThe abrupt end of economic growth in Malaysia has created a new mood of insecurity. However, "economic insecurity" is rarely discussed in the professional economics literature and has received little emphasis in recent economic policy making in OECD nations. This paper argues that economic insecurity should receive more attention, because it affects social and political stability, and influences individual well-being, personal identity and labor market behavior. The paper discusses the differences betweeen "economic insecurity" and "risk", before turning to a discussion of how best to measure economic insecurity.
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Bibliographic InfoPaper provided by John Deutsch Institute for the Study of Economic Policy in its series Working Papers with number 22.
Length: 36 pages
Date of creation: 1999
Date of revision:
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Postal: Dunning Hall, Queen's University, Kingston, Ontario, K7L 3N6
Web page: http://jdi-legacy.econ.queensu.ca/
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MALAYSIA ; ECONOMIC GROWTH ; BUSINESS CYCLES;
Other versions of this item:
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
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- Celidoni, Martina, 2011. "Vulnerability to poverty: An empirical comparison of alternative measures," MPRA Paper 33002, University Library of Munich, Germany.
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